Start-Up Costs and Fees |
||
| WineStyles Tasting Station | Borvin Beverage | |
| Investment | 229000 - 380000 | 50000 - 125000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | ||
| Year Founded | 2002 | 1985 |
| Year Franchised | 2002 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| WineStyles Tasting Station | Borvin Beverage | |
| Experience | General business experience Marketing skills Outside sales experience | |
Financing Options |
||
| WineStyles Tasting Station | Borvin Beverage | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| WineStyles Tasting Station | Borvin Beverage | |
| Training | WineStyles Tasting Station's in-depth training program provides a strong foundation for its franchisees to ensure success and future development. Franchisees receive comprehensive training in all aspects of owning and operating the business, including a week of on-site training at the WineStyles Tasting Station flagship store in West Des Moines, Iowa. Additionally, franchisees will benefit from a management-training program and extensive creative marketing strategies to increase their bottom line. WINE PROGRAM: * Introduction to Wine Industry * Wine Education * Access to exclusive brands * Introduction to suppliers / distributors * Wine Club program management * Access to featured wineries | |
| Support | * Real estate site selection support * In-house marketing, advertising, PR and social media experts * Online asset management tools and access to customizable, system-wide marketing materials * Field support team assigned to each franchisee to assist with business start-up and growth * Corporate and on-site training programs designed to implement a standardized operating system * Customized management software and financial administration tools | Meetings, Internet, Field operations/evaluations |
| Marketing | Co-op advertising | |
| Operations | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| WineStyles Tasting Station | Borvin Beverage | |
| US Expansion | Arizona, Florida, Illinois, Iowa, Texas | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| WineStyles Tasting Station | |
| Borvin Beverage | |
| Franchise Fee | |
| WineStyles Tasting Station | |
| Borvin Beverage | |
| Royalty Fee | |
| WineStyles Tasting Station | 6% |
| Borvin Beverage | 5% |
| Advertising Fee | |
| WineStyles Tasting Station | |
| Borvin Beverage | |
| Year Founded | |
| WineStyles Tasting Station | 2002 |
| Borvin Beverage | 1985 |
| Year Franchised | |
| WineStyles Tasting Station | 2002 |
| Borvin Beverage | 1992 |
| Term Of Agreement | |
| WineStyles Tasting Station | |
| Borvin Beverage | 10 years |
| Renewal Fee | |
| WineStyles Tasting Station | |
| Borvin Beverage | $2K |
Business Experience Requirements |
|
| Experience | |
| WineStyles Tasting Station | |
| Borvin Beverage | General business experience Marketing skills Outside sales experience |
Financing Options |
|
| Franchise Fees | |
| WineStyles Tasting Station | No |
| Borvin Beverage | No |
| Start-up Costs | |
| WineStyles Tasting Station | |
| Borvin Beverage | |
| Equipment | |
| WineStyles Tasting Station} | |
| Borvin Beverage | |
| Inventory | |
| WineStyles Tasting Station | |
| Borvin Beverage | |
| Receivables | |
| WineStyles Tasting Station | |
| Borvin Beverage | |
| Payroll | |
| WineStyles Tasting Station | |
| Borvin Beverage | |
Training & Support |
|
| Training | |
| WineStyles Tasting Station | WineStyles Tasting Station's in-depth training program provides a strong foundation for its franchisees to ensure success and future development. Franchisees receive comprehensive training in all aspects of owning and operating the business, including a week of on-site training at the WineStyles Tasting Station flagship store in West Des Moines, Iowa. Additionally, franchisees will benefit from a management-training program and extensive creative marketing strategies to increase their bottom line. WINE PROGRAM: * Introduction to Wine Industry * Wine Education * Access to exclusive brands * Introduction to suppliers / distributors * Wine Club program management * Access to featured wineries |
| Borvin Beverage | |
| Support | |
| WineStyles Tasting Station | * Real estate site selection support * In-house marketing, advertising, PR and social media experts * Online asset management tools and access to customizable, system-wide marketing materials * Field support team assigned to each franchisee to assist with business start-up and growth * Corporate and on-site training programs designed to implement a standardized operating system * Customized management software and financial administration tools |
| Borvin Beverage | Meetings, Internet, Field operations/evaluations |
| Marketing | |
| WineStyles Tasting Station | |
| Borvin Beverage | Co-op advertising |
| Operations | |
| WineStyles Tasting Station | |
| Borvin Beverage | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| WineStyles Tasting Station | Arizona, Florida, Illinois, Iowa, Texas |
| Borvin Beverage | |
| Canada Expansion | |
| WineStyles Tasting Station | |
| Borvin Beverage | |
| International Expansion | |
| WineStyles Tasting Station | |
| Borvin Beverage | |